December 16th, 2022 Watch List

Stocks fell for the second session in a row, with the S&P losing 2.49% on Thursday on the heels of the Fed's .50% rate hike. Asia markets fell overnight while Europe indexes are in the red this morning. U.S. futures are pointing to a lower open, the Dollar and Oil are lower while Yields and Gold are higher.

And this is what UPB is reading this morning:

Stocks fell again on Thursday, continuing their post-fed sell-off. As I have mentioned many times, think markets are starting to price in a Fed induced recession. The SPY broke under its 200dma and the 50dma is now looming at $385. If that fails to hold fear we will revisit the $370s next week:

Despite the market weakness, RARE was able to close in the green once again. Will start looking to possibly add some January strikes today:

NFLX was pummeled yesterday on reports their ad supported service is coming in worse than expected. If it can hold $280, could provide a nice bounce opportunity so may be watching for some calls today:

BLK is back on the radar. The stock tested the lower Bollinger band yesterday and could see a bounce back to $720 or so. Will be eyeing some possible speculative lotto calls today:

SQ found pressure at the open yesterday so I passed on adding calls. Still think this can head higher in the coming weeks so will be watching again for an entry:

Having issues with the analyst changes today, my apologies.

Here is what I am watching today; BLK, NFLX. SQ, RARE, AYX, ROKU,, SPOT, BURL, WYNN, NVDA, COST, DIS, DKS, U, TWLO, WING, CMG, and DPZ

Let's have a great day!


JimmyBob (Scott)has been trading equities for over 15 years, a majority of which were OTC micro-cap stocks. He started trading high risk stock options over the past 7 years, and has proven winning trades in excess of 15,000%.

As one of the Co-Founders of, Scott enjoys sharing his knowledge with other investors through timely blog posts, daily watch lists in the forum, weekly webinars, and helpful advice within the chatroom.

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